Social Interaction Promotes Risk Taking in a Stag Hunt Game
Bolton G., Feldhaus C., Ockenfels A.
We demonstrate that people are more willing to take risks in a stag hunt game when the agent of uncertainty is another person, thereby promoting cooperation. Recent social cognition research suggests an explanation for this pattern, which is based on the idea that games that align interests between subjects activate a trust mindset.
cognition; risk; social context; Stag hunt